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Dec 12, 2012
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the chrysler workers got their jobs back. chrysler rehired the workers that were fired. let's bring in the investigative reporter that broke the story two years ago. he's been following it through. my obvious question is these guys have got their jobs back. do you get back-pay? do you know whether they do or not? >> i do not know whether they do or not. i asked that question. in fact when i talked to the girl from chrysler when i first found out about this on friday that they got their jobs back, i talked to her. i asked her a bunch of questions. i was kind of shocked and flabbergasted even though you had called it, you said they were going to get their jobs back a couple of years ago. you were absolutely right about that, stuart. but anyway, when i talked to her, i hung up the phone and i stopped, thought about it, i said my gosh i've got to find out if they are getting that back-pay. i called her back and all of a sudden she kind of clammed up and said that it was a personnel matter and she couldn't say if they got back-pay. so i could not tell you if they got back-pay
the chrysler workers got their jobs back. chrysler rehired the workers that were fired. let's bring in the investigative reporter that broke the story two years ago. he's been following it through. my obvious question is these guys have got their jobs back. do you get back-pay? do you know whether they do or not? >> i do not know whether they do or not. i asked that question. in fact when i talked to the girl from chrysler when i first found out about this on friday that they got their...
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Dec 6, 2012
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>> si actualmente manejas un vehículo ford, nissan, toyota, chrysler, honda o general motors y está estancado con un alto pago mensual de su carro, entonces ponga mucha atención porque tenemos importante información para usted que podría bajarle los pagos mensuales o hasta ponerlo en un nuevo carro. para averiguar cuánto usted puede ahorrar, llame al número que aparece en pantalla, representantes altamente capacitados, trabajarán para darle las mejores opciones. opciones que incluyen desde entregar su carro por dinero o simplemente cambiar su carro actual por uno completamente nuevo. no se quede atrapado con altos pagos mensuales o con carros sin garantía. dese el lujo de manejar el carro que usted sueña con pagos al alcance de su presupuesto. ahorrar dinero en estos tiempos tan difíciles es más importante que nunca y hoy usted tiene la opción para ayudar a bajar los pagos mensuales de su carro. llame a autopayment solutions para una consulta gratis. no tiene nada que perder, sino mucho que ganar. no espere más, la llamada es gratis desde cualquier ciudad de estados unidos. >> ¿e
>> si actualmente manejas un vehículo ford, nissan, toyota, chrysler, honda o general motors y está estancado con un alto pago mensual de su carro, entonces ponga mucha atención porque tenemos importante información para usted que podría bajarle los pagos mensuales o hasta ponerlo en un nuevo carro. para averiguar cuánto usted puede ahorrar, llame al número que aparece en pantalla, representantes altamente capacitados, trabajarán para darle las mejores opciones. opciones que...
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Dec 11, 2012
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and remember the chrysler workers smoking and drinking during the lunch break? two suspended and they got their jobs back. that was an arbitrator's ruling. under the union contract they were on their own time. chrysler says it disagrees with the decision, can't change it, that's the example of the union's power. and tell us what you think about the workers getting their jobs back. and we'll read some on the air. more fantasy island in california, coming up after the break, why california's green energy policies just don't work and we're also going to bring you the opening bell and we've got more companies issuing special dividends before the end of the year. including the one that runs victoria's secrets. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that hes block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. relieving the pain quickly. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. an
and remember the chrysler workers smoking and drinking during the lunch break? two suspended and they got their jobs back. that was an arbitrator's ruling. under the union contract they were on their own time. chrysler says it disagrees with the decision, can't change it, that's the example of the union's power. and tell us what you think about the workers getting their jobs back. and we'll read some on the air. more fantasy island in california, coming up after the break, why california's...
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Dec 11, 2012
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chrysler does not agree but it wants to put this situation behind them as so many do. chrysler said we respect the agreements procedure process in the collective bargaining agreement and the relationship with united autoworkers. those that will not go the of state exchange, where republicans says he is convinced the government makes up the implementation as it goes along in providing almost no information on how works. the state's have to reach a decision by friday. growing democratic opposition set to take effect senators and senators elect send a letter to harry reid urging a delay that the medical device industry has given little guidance. obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining me now the "a team" special assistant to the george bush ron christie, and pulitzer prize winning journalist never an assistant to george w. bush of love and president morsi says the rescinded his powers to arrested a civilian industry? >> good news tonight. he knowledge he
chrysler does not agree but it wants to put this situation behind them as so many do. chrysler said we respect the agreements procedure process in the collective bargaining agreement and the relationship with united autoworkers. those that will not go the of state exchange, where republicans says he is convinced the government makes up the implementation as it goes along in providing almost no information on how works. the state's have to reach a decision by friday. growing democratic...
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, they also put out a radio ad that said the same thing, and they continued to repeat it even after chrysler and the fact checkers had said it was simply not true. jeep was actually expanding its production in the u.s. the reason it was thinking of building, that it's planning to build a plant in china is to meet the increased demand for jeeps in china, so it was just blatantly false and yet they persisted with it. >> you know what's interesting, too, remember when the chrysler ceo, sergio marchione had to put out a statement basically saying, liar, liar, pants on fire, this is not going to happen. that's never, or more nicely i'm obliged to unambiguously restate our position. jeep production will not be moved from the united states to china. it is inaccurate to suggest anything different. there were strategists who were stunned that this ad, that this was being said, because they thought it was kind of signaled a desperate move. what was the runner-up, what was the next runner-up that could have been picked as the biggest lie? >> well we had ten finalists and i should note that we had a rea
, they also put out a radio ad that said the same thing, and they continued to repeat it even after chrysler and the fact checkers had said it was simply not true. jeep was actually expanding its production in the u.s. the reason it was thinking of building, that it's planning to build a plant in china is to meet the increased demand for jeeps in china, so it was just blatantly false and yet they persisted with it. >> you know what's interesting, too, remember when the chrysler ceo,...
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Dec 10, 2012
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gm, chrysler were all on the brink of failure and if they failed, the suppliers and distributors getting the business from those countries, they would have died off, too. even ford could have gone down. production halted. factories shuttered. once proud companies shopped up, sold off for scraps. and all of you, the men and women who built these companies with your own hands, would have been hung out to dry. and everybody in this community that depends on you, restaurant owners, storekeepers, bartenders. they -- their livelihoods would have been at stake, too. so i wasn't about to let that happen. i placed my bet on american workers. we bet on american ingenuity. i'd make that same bet any day of the week. three and a half years later that bet is paying off. this industry's added over 250,000 new jobs. american auto industry is back. and companies like diamler know you're still a smart bet. they could have made their investments somewhere else but they didn't. and if you ask them whether it was a tough call, they tell you it wasn't even close. so the word's going out all around the world.
gm, chrysler were all on the brink of failure and if they failed, the suppliers and distributors getting the business from those countries, they would have died off, too. even ford could have gone down. production halted. factories shuttered. once proud companies shopped up, sold off for scraps. and all of you, the men and women who built these companies with your own hands, would have been hung out to dry. and everybody in this community that depends on you, restaurant owners, storekeepers,...
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Dec 10, 2012
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as a result of what he found he brought it to chrysler's attention. 13 employees fired following chrysler's investigation. two suspended 30 days. all of them back at work. check this out. roll the tape. >> hey, guys, hate to be a buzz kill, shouldn't you guys building cars? the government spent a lot of money bailing you guys out and you're coming out here on lunch break drinking like this? where are you guys going, man? >> reporter: they got out but didn't essentially get away because they lost their jobs. two years later most are back, reinstated 30 days later. they were drinking out of paper bags and reportedly smoking marijuana. the jefferson north assembly plant in michigan where this was taking place, they were part of the auto industry that received what was collectively millions in taxpayer bailout money, martha. martha: interesting. good reporting. jamie, thank you very much. >> reporter: sure. bill: was that guy driving away in a ford mustang in the story? guilty as charged. see you at lunch today, martha. unions planning, another mass protest tomorrow in the state of michigan. wh
as a result of what he found he brought it to chrysler's attention. 13 employees fired following chrysler's investigation. two suspended 30 days. all of them back at work. check this out. roll the tape. >> hey, guys, hate to be a buzz kill, shouldn't you guys building cars? the government spent a lot of money bailing you guys out and you're coming out here on lunch break drinking like this? where are you guys going, man? >> reporter: they got out but didn't essentially get away...
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Dec 11, 2012
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chrysler said that. not the union. >> sorry, sorry. chrysler said that. so like next time something falls off your chrysler, like your steering wheel cover kind of slips off, now we know why, because you're like sailing -- 30,000 feet up high. knobs always fall off. let's get another nickel bag before i go back to work. ridiculous! >> gretchen: it speaks to the power of the union. it really does. and whatever they had in the language of their contract, the arbitrator sided with them. so they must have this sort of ironclad language. you're a lawyer what, do you think? >> well, i think chrysler is now on the receiving end of what so many others feel in states where unions are really powerful. and so they're now the ones who have to deal with it. as a legal matter, i don't think chrysler is going to be able to challenge this. i think the ruling is going to stand and maybe chrysler will rue the day they were so lax and tolerant of union power. >> steve: speaking of power. powerball, the second guy who won t
chrysler said that. not the union. >> sorry, sorry. chrysler said that. so like next time something falls off your chrysler, like your steering wheel cover kind of slips off, now we know why, because you're like sailing -- 30,000 feet up high. knobs always fall off. let's get another nickel bag before i go back to work. ridiculous! >> gretchen: it speaks to the power of the union. it really does. and whatever they had in the language of their contract, the arbitrator sided with...
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we sat down with ford, general motors, and chrysler, our membership made sacrifices so we could get more economic development, more product, investment. billions of dollars is going into michigan because of unions and collective bargaining helping not just union workers but workers, all workers throughout the state. and you know, chris, and i know, in right to work states, average income is down, average wages is down, not as much pension or retirement security is in union states, less spending on k through 12 education, less spending on infrastructure. why? because workers make less, less tax revenue coming in. right to work is bad for americans. >> why do people like the koch brothers oppose unionization, mr. hagerstrom? >> unions will continue to thrive and to go forward. this gives individuals the right to determine what happens to their hard-earned money. you do not have to give your hard-earned money to a private organization to keep your job. it's that simple. it's that simple. this is going to move michigan forward. it's going to move our state forward, allow us to compete for gr
we sat down with ford, general motors, and chrysler, our membership made sacrifices so we could get more economic development, more product, investment. billions of dollars is going into michigan because of unions and collective bargaining helping not just union workers but workers, all workers throughout the state. and you know, chris, and i know, in right to work states, average income is down, average wages is down, not as much pension or retirement security is in union states, less spending...
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for everyone from public school teachers that are unionized to autoworkers on the line at gm, ford or chrysler. interestingly, though, today, too here, brooke, you had fellow union workers protesting that aren't even part of the legislation. it does not apply to firefighters or police officers. but yet here today we found firefighters who were protesting this saying this is bad for workers across michigan. and nationally. i want you to listen to ted coakley, he's one of those and he explains why. does this mean the gbeginning o a death of unions in the country? do you think it is that big symbolically? >> i think things like this are waking the sleeping giant. i think workers and working families are tired of losing. they want a fair share of the prosperity of this state, and this country, and i think that's going to help build the union movement. >> reporter: -- from this right to work legislation. why are you here? >> that's correct. as of right now we're exempt from this legislation. but it doesn't change the fact that we want to be here to support all our brothers and sisters in the unions
for everyone from public school teachers that are unionized to autoworkers on the line at gm, ford or chrysler. interestingly, though, today, too here, brooke, you had fellow union workers protesting that aren't even part of the legislation. it does not apply to firefighters or police officers. but yet here today we found firefighters who were protesting this saying this is bad for workers across michigan. and nationally. i want you to listen to ted coakley, he's one of those and he explains...
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Dec 8, 2012
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chrysler said it disagrees with the decision but it wants to move forward. a suspect in texas not letting a little thing like handcuffs. take a look. guy stealing the cop tar while handcuff. see darren douglas porter sneak into the driver's seat after rolling down the rear window which isn't supposed to roll down. cops were talking to one another. and about some store that he allegedly burglarized and 41-year-old abandoned the car a few blocks away. cops are confident they will catch him soon. so he did get away. most viewed youtube video ever and smash hit in the u.s. did the gangnam style rapper once wish death to american soldiers? ♪ gangnam style ♪ >> by the way gangnam is the wealthest area of south korea. back in 2004, rapper psy called for slow and painful death for soldiers in iraq and their families. he has recently apologized and set to perform for the president during a christmas special which tapes tomorrow in washington. an online petition asks that psy be removed from the show but that petition has since been taken down. the president still
chrysler said it disagrees with the decision but it wants to move forward. a suspect in texas not letting a little thing like handcuffs. take a look. guy stealing the cop tar while handcuff. see darren douglas porter sneak into the driver's seat after rolling down the rear window which isn't supposed to roll down. cops were talking to one another. and about some store that he allegedly burglarized and 41-year-old abandoned the car a few blocks away. cops are confident they will catch him soon....
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>> eric: chrysler said we don't like to decision. we would have fired them but they can't. >> kimberly: they have protection. bostonright to work means whoever is not a union member gets the sweat they put in to it to get the good jobs. they're scabs because they don't put in the union political fund. >> dana: 24 states have lower unemployment rate and other states are not right to work, while shouldn't michigan, at least they have a democratic process. it's passed. the governor has been thoughtful about it. people, majority of people support it. why not let them try something that would alter history? >> kimberly: why not? >> bob: why not bad handguns in countries that don't have murder. here we ban them and it -- >> greg: the funny thing is we talk about greece, but before there was greece, there was detroit. detroit is greece. if it was only the acropolis. dead city. people left because they couldn't make a living, the unions suffocate pod tenial. >> bob: true about toledo and cleveland and cincinnati? the northern cities that hav
>> eric: chrysler said we don't like to decision. we would have fired them but they can't. >> kimberly: they have protection. bostonright to work means whoever is not a union member gets the sweat they put in to it to get the good jobs. they're scabs because they don't put in the union political fund. >> dana: 24 states have lower unemployment rate and other states are not right to work, while shouldn't michigan, at least they have a democratic process. it's passed. the...
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but then the topics on the union, chrysler wanted to fire workers who were spot smoking spot and getting drunk. they were off the clock and came back to work on the assembly line. the arbitration guy said you have to hire them back. fair or unfair? >> i'm trying to get over this. if i got scarred for every time somebody called me fat i'd be nothing but scar tissue. it doesn't bother me. >> kimberly: you like it because i said i like meaty men. >> bob: what is the big deal? he said fat. >> dana: didn't say it to their face. it was on the receipt. >> bob: if you fired everybody out smoking on the lunch break after the country would be out of work. >> eric: may i weigh in? >> dana: yes. >> eric: this is the problem with america we're worried about firing people. business owners if you want fire them because they called someone fat, fire them. guess what? he is not going to get employed until he turns his ways around. fire away. fire that guyer radio d.j. good luck getting more radio d.j.s. turned around and the unions tell you, you can't fire someone for doing something wrong the whole worl
but then the topics on the union, chrysler wanted to fire workers who were spot smoking spot and getting drunk. they were off the clock and came back to work on the assembly line. the arbitration guy said you have to hire them back. fair or unfair? >> i'm trying to get over this. if i got scarred for every time somebody called me fat i'd be nothing but scar tissue. it doesn't bother me. >> kimberly: you like it because i said i like meaty men. >> bob: what is the big deal? he...
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. >> marine sergeant is starting up his new ride, a 2006 chrysler 300 donated by the recycle rides program. >> i drove home and then i will drive back to san diego sunday. >> he was actually looking for a car and was chose% a data base on needs. >> we chose to help military veterans. >> no one is more deserving of this donated toyota carolla than jordan stevenson. >> i was injured last december. i got shot in the left side of my head. >> jordan was shot in afghanistan. >> they told me i would never walk again, i might not ever talk again and i can stand here and talk to you now. >> he is still working bark from his head injury which paralyzed his body. >> just reenlisted. >> for another six years >> never in a million years did think that would happen. >> i'll get better. i'm going beat it. i'm not going to let them win. >> these are just the first of two cars that this body shop has refurbished. they hope to do it at least once a month. reporting from san francisco, cbs 5. >>> a rare sighting in a berkeley creek has biologist really excited. this 24-inch chinook salmon has been spotted in
. >> marine sergeant is starting up his new ride, a 2006 chrysler 300 donated by the recycle rides program. >> i drove home and then i will drive back to san diego sunday. >> he was actually looking for a car and was chose% a data base on needs. >> we chose to help military veterans. >> no one is more deserving of this donated toyota carolla than jordan stevenson. >> i was injured last december. i got shot in the left side of my head. >> jordan was shot...
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so the employers, let's say general motors, ford, chrysler, the automobile manufacturers, since we're talking about michigan, they all made lots of money. and the workers who worked for those companies were middle class and their children went to college and became lawyers and doctors and accountants and some of them even went back to work in the factories. but now, seven days it took to crush the ability of workers to stand together financially. they'll never crush the spirit of the workers but they have used the law with no public hearings new york committee action, no regular course of action during the legislation, during the legislative session, which is a lame duck legislative session by the way, no regular order, just a sneak attack thursday morning, the sixth of november, one month after the landslide election in michigan and throughout this country, that turned back the corporate money that was arrayed against the democrats. and arrayed against president obama. it turned that back. a resounding victory on november 6, on december 6, a sneak attack while during a lame duck sess
so the employers, let's say general motors, ford, chrysler, the automobile manufacturers, since we're talking about michigan, they all made lots of money. and the workers who worked for those companies were middle class and their children went to college and became lawyers and doctors and accountants and some of them even went back to work in the factories. but now, seven days it took to crush the ability of workers to stand together financially. they'll never crush the spirit of the workers...
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Dec 6, 2012
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it owns the land beneath the chrysler building, but the school says it's operating at a loss and the shortfall has to come from somewhere, including from the students. never mind what the school's founder and namesake said about a free education for any student. if you know anything about students, you know the evolving school tuition policy has not been accepted by the student body. they did not shrug and say, oh, well, before stopping in for a student loan application. instead right now they're staging a sit-in. they barricaded themselves inside an eighth floor rook in the clock tower where lincoln spoke on that legendary night. they've been there since monday setting up camp. we're here, we're staying, we forgot coffee. they demanded the school, quote, publicly affirm its commitment to free education. this morning another group of students invited themselves to the meeting of the board of trustees so they could take minutes arguing they needed transparency and student involvement. students are fighting against rising tuition costs. these guys are fighting to remain one of the few
it owns the land beneath the chrysler building, but the school says it's operating at a loss and the shortfall has to come from somewhere, including from the students. never mind what the school's founder and namesake said about a free education for any student. if you know anything about students, you know the evolving school tuition policy has not been accepted by the student body. they did not shrug and say, oh, well, before stopping in for a student loan application. instead right now...
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that would be president obama sold chrysler to italy which would then move u.s. jeep production to china. chrysler denied the claim. the media said it was untrue. the public was outraged. the romney campaign spread it anyway. we're back after the alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with porto
that would be president obama sold chrysler to italy which would then move u.s. jeep production to china. chrysler denied the claim. the media said it was untrue. the public was outraged. the romney campaign spread it anyway. we're back after the alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other....
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there's no money in the federal till to bail out detroit, especially after we bailed out gm and chrysler already. >> larry, i say let it fail. i'm sorry. you have. to i want those people to have local control. they fought for that local control. they should have a vote. the citizens of the city of detroit should have a vote. but it should fail when it goes wrong. that's what has to happen. the good news is we've now got in michigan as of yesterday we've got legislation pass today make michigan a right to work state. that's going to have a big impact down the road. >> i like that. i like the failure idea. free market capitalism is about success and failure. and as the great free market capitalist nobel prize winner wrote, of the two, doc, sometimes failure teaches us more than success. i like your point very, very much. all right. doc thompson coming out of detroit, thanks very much. >>> now let's talk about the cuts plan for the federal workforce. with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans befo
there's no money in the federal till to bail out detroit, especially after we bailed out gm and chrysler already. >> larry, i say let it fail. i'm sorry. you have. to i want those people to have local control. they fought for that local control. they should have a vote. the citizens of the city of detroit should have a vote. but it should fail when it goes wrong. that's what has to happen. the good news is we've now got in michigan as of yesterday we've got legislation pass today make...
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Dec 10, 2012
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meanwhile, president obama will visit a chrysler plant just outside detroit today. remember, a city council woman last week said the city deserves a federal bailout because the city helped reelect the president. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit today. will he address union anger at michigan's right to work legislation? this goes to the heart of government spending and the position of organized labor in president obama's second term. we're right there in michigan. let's go to facebook. weigh in on what's happening there. will detroit get a bailout and what do you think about the unions? will they win? good questions all. now, one of the worst blowouts in nfl history. seattle seahawks beat arizona cardinals 58-0. the cardinals threw four interce
meanwhile, president obama will visit a chrysler plant just outside detroit today. remember, a city council woman last week said the city deserves a federal bailout because the city helped reelect the president. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the...
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Dec 7, 2012
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it is home to united autoworker and it is ford and gm and chrysler and this changes a lot for the people in michigan. >> gretchen: this is a huge epic fight. the idea that michigan is a right to work state. indiana did it 10 months ago as you know. but there is a gop house and i believe the senate is controllled stunningly by republicans and look at this revolt now. this is similar to what we saw in wisconsin . what will happen with the right to work statute. it will eexempt firefighters and police officers and end mandatory dues for public and private unions. >> brian: people have choices to check the box. we'll listen to governor rick snyder of michigan. >> in the unions are strong in michigan and they did a lot of good in terms of work issues . people wanted to join the union. but today we give the workers a choice and give them an opportunity to say do we want to belong to the union. i don't see it antiunion. workers should want to join and be part. it is a worker choice . the second thing it is economic development. we watched what went on in indiana. they have seen a significant in
it is home to united autoworker and it is ford and gm and chrysler and this changes a lot for the people in michigan. >> gretchen: this is a huge epic fight. the idea that michigan is a right to work state. indiana did it 10 months ago as you know. but there is a gop house and i believe the senate is controllled stunningly by republicans and look at this revolt now. this is similar to what we saw in wisconsin . what will happen with the right to work statute. it will eexempt firefighters...
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chrysler now twice . we see it in the southern states where the plants are. they were not the ones that went bankrupt in 2008 and 9. it really is a tough choice and i sympathize with the unions. but in the global economy where you compete on wages and other units of production . you can either have high wages with low employment or as obama said spread around the wealth. >> gretchen: michigan is the heart of the labor industry in this nation specifically whether so many cars are made and the unions are powerful there. it is emblematic and we look back on history. this move to make michigan a right to work state will be historic for that reason alone . what needs to be so clear in the discussion, it is really about choice. it is not about tamping down people's rights. it is actually moving them up and saying you now have a choice. you can pay your dues to the union, or you can choose not to pay the dues. >> steve: what happened in michigan is a great thing. because any time the government insists that you have to pay to go in and get a paycheck, that is it a s
chrysler now twice . we see it in the southern states where the plants are. they were not the ones that went bankrupt in 2008 and 9. it really is a tough choice and i sympathize with the unions. but in the global economy where you compete on wages and other units of production . you can either have high wages with low employment or as obama said spread around the wealth. >> gretchen: michigan is the heart of the labor industry in this nation specifically whether so many cars are made and...
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melissa: can you imagine you buy the fuel and put it among the manufacturers, chrysler, gm, toyota, especially in older vehicles and look at your manufacturers website if you're in this group, what happens with the e15 the fuel separates and ethanol in there is highly corrosive to your engine. is this new information? did we know this before? >> well, no, we've told the regulators about this we spent millions of dollars in research to try to understand that dynamic. in fact let me reiterate. in the oil and gas business we support biofuels. we're major investors and producers of biofuels but we don't think you should force more biofuels to be mixed with regular gasoline until you know its impact. other research shows it puts five million american cars that are already on the street at risk where it could have some engine damage. we think you need to look at all these other issues that are now starting to come to the surface, but regulators, the administration just moved forward mandating the fuel. melissa: what does it mean to have aaa coming in and putting out a warning, saying don't use it, a
melissa: can you imagine you buy the fuel and put it among the manufacturers, chrysler, gm, toyota, especially in older vehicles and look at your manufacturers website if you're in this group, what happens with the e15 the fuel separates and ethanol in there is highly corrosive to your engine. is this new information? did we know this before? >> well, no, we've told the regulators about this we spent millions of dollars in research to try to understand that dynamic. in fact let me...
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chrysler isn't even an american company anymore, it's owned by the italians. it has been a colossal disaster, and it's going to continue to be. the unions with their work rules and exceptions and restrictions on workers -- not so much the paycheck. most of the three big japanese makers in the south that are not dominated by unions do not have those work rules, but they pay about the same dollars per hour in many wages. so the wages can be paid, it's the crazy union work rules and defending people who drink on on the job, for example, that cause problems that are running american business out of the country. alisyn: all right. lars larson, leslie marshall, kudos for being able to debate over the cacophony coming out of lansing. >> hey, we didn't have any beeps. >> kick those union thugs out. alisyn: thank you so much. >>> meanwhile, a popular u.s. retailer now under fire for including a series of profanity-laced items in its annual christmas catalog. why they did it. >>> plus, a 6-year-old girl near death from leukemia making a miraculous recovery. up next we'l
chrysler isn't even an american company anymore, it's owned by the italians. it has been a colossal disaster, and it's going to continue to be. the unions with their work rules and exceptions and restrictions on workers -- not so much the paycheck. most of the three big japanese makers in the south that are not dominated by unions do not have those work rules, but they pay about the same dollars per hour in many wages. so the wages can be paid, it's the crazy union work rules and defending...
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if you had gm stock or chrysler before the bailout your stock value went to zero. 92 and gm was declared bankrupt. stock holder didn't appeared and in the court stock hold ares got a real hair cut. the union won and the bond holders lost. it is it a title myth the idea that unions saved detroit. >> brian: what about the union workers who say those who are not in the union are free rider will benefit from their bargaining power with the car companies, for example. >> look the right to work is enshrined in michigan and right not to have to pay union duce is ensidelined and that is it a good thing. >> gretchen: to me, it is it the most important state that this has happened in because the autoindustry is such a hunal part of the economy there and the union is so strong there. do you agree with that? >> absolutely it is the home of the autoindustry union and the idea that michigan should revert to being a right to work state, that is it a revolution in the labor market. >> steve: we heard in the run up to the election, while the gm autoworkers wound up keeping their pensions and benefits, it
if you had gm stock or chrysler before the bailout your stock value went to zero. 92 and gm was declared bankrupt. stock holder didn't appeared and in the court stock hold ares got a real hair cut. the union won and the bond holders lost. it is it a title myth the idea that unions saved detroit. >> brian: what about the union workers who say those who are not in the union are free rider will benefit from their bargaining power with the car companies, for example. >> look the right...
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ceo alan mulally said at the time, "we believe that if gm and chrysler would have gone into free-fall bankruptcy, they would have taken the supply base down and the industry down and turn the u.s. recession into a depression." that is the teaching moment about the power of the overall innovative skill said, the supply chain, and what that means for our capacity to compete when the company that would have been left standing thought they might have gone down as well. there is so much to say. i wanted to make these viewpoints, overall perspective, talk about manufacturing and research and skills, and i'm very happy to take your questions going forward. [applause] >> i think we have time for a few questions. i will call on people. if you could wait until he comes around with the microphone. >> thank you. aig investments. my question goes to innovation funds, which you brought out. at what stage are you focusing on with respect to either expansion or start-ups? on an execution basis, what is the regional plan as far as national strategy? >> look, i think for those of us in a government job
ceo alan mulally said at the time, "we believe that if gm and chrysler would have gone into free-fall bankruptcy, they would have taken the supply base down and the industry down and turn the u.s. recession into a depression." that is the teaching moment about the power of the overall innovative skill said, the supply chain, and what that means for our capacity to compete when the company that would have been left standing thought they might have gone down as well. there is so much to...